204 Olivia Dr, Newport, AR, 72112
About This Home
Price Improvement - 204 Olivia Dr. - Prime Commercial Property for Sale in Newport, Arkansas - $345,000 This 5,800 sq. ft. steel-constructed building, located in the heart of Newport, Arkansas, offers an exceptional opportunity for businesses seeking a versatile and low-maintenance space. Sitting on a 0.85-acre lot, the property comes with a large parking area that includes 21 parking spots, providing plenty of space for staff and customers alike. Built with durable metal exterior siding, this property ensures long-term low maintenance, making it a hassle-free investment for the future. The building's previous use as a daycare means it's already equipped with features that are ideal for both commercial and educational settings, though the flexible layout could easily be adapted for a wide range of business types. The steel construction includes no load-bearing walls, allowing for ultimate flexibility in interior design. This is a rare opportunity to own a flexible, well-maintained commercial property in a good location. Schedule a tour today and start imagining the possibilities!
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Interior
Interior Area
- Total structure area: 5,800
- Total interior livable area: 5,800 sqft
Property
Lot
- Lot size: 0.85 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Tornado
- Cold Wave
- Earthquake
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,744 | $20,928 |
| Home Insurance | $629 | $7,548 |
| Property Taxes | $143 | $1,716 |
| Electricity | $420 | $5,040 |
| Total | $2,936 | $35,232 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-24 | Price change | $345,000 |
| 2025-10-20 | Listed for sale | $395,000 |
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